The 29th Asian EXIM Banks Forum Annual Meeting commenced on November 13 in Shanghai, hosted by the Export-Import Bank of China (China Eximbank). This prestigious gathering brought together over 60 representatives from 13 export credit agencies and three multilateral financial institutions, including the Japan Bank for International Cooperation, the Export-Import Bank of Korea, the Asian Development Bank, the Asian Infrastructure Investment Bank, and the New Development Bank.
The conference centered around the theme: “Regional Cooperation in Asia and Global Economic Integration.” Participants delved into the pressing opportunities and challenges facing the Asia-Pacific economy. Discussions underscored the importance of enhanced regional collaboration to tackle global uncertainties, green and low-carbon development for sustainable economic growth, digital economy potential to transform regional industries, and strengthened supply chain stability and security to support industrial chains.
Wu Fulin, Chairman of the Export-Import Bank of China, highlighted Asia’s status as the world’s most dynamic and growth-oriented region. He called on forum members to increase financial support to leverage social funds and expand investment impact, focus on emerging sectors that accelerate Asia’s transformation, optimize project management with comprehensive, scientific approaches, and strengthen mutual learning through joint seminars and personnel exchanges. “Forum members have not only witnessed the ‘Asian miracle’ but have also been its architects. Unity and cooperation will be essential to navigate future risks and unlock Asia’s vast potential,” Wu remarked.
Xie Dong, Vice Mayor of Shanghai, welcomed participants on behalf of the municipal government. She emphasized Shanghai’s pivotal role as an international financial center and trade hub, underscoring its strategic partnership with China Eximbank. She stated, “Shanghai’s commitment to deeper and broader opening-up aligns perfectly with the forum’s goals. We are confident this gathering will foster new opportunities for trade and cooperation across the Asia-Pacific region.”
Participants recognized the critical role of export credit agencies and multilateral institutions in advancing Asia’s economic stability. Key takeaways from the discussions included green development with an emphasis on sustainable financing for climate initiatives, harnessing digital tools to boost regional trade, strengthening industrial collaborations and minimizing disruptions in supply chains, and promoting joint training programs to enhance capacity-building.
Shanghai’s active role in fostering trade and financial innovation was a key focus of the forum. As a hub of global commerce, the city has consistently supported initiatives aimed at integrating the Asia-Pacific region. This annual meeting further solidifies Shanghai’s position as a leader in shaping the region’s economic landscape.
Established in 1996, the Asian EXIM Banks Forum has been instrumental in fostering collaboration among export credit agencies. By promoting shared best practices and regional cooperation, the forum plays a crucial role in driving Asia’s sustainable and inclusive development.
